P.R. Laws tit. 3, § 9247
(a) Recurring appropriation.— On or before the fifth (5th) day of each month, the Secretary of the Treasury shall transfer one-twelfth of the budget approved by the Board, including any part of its budget nurturing from nonrefundable services to other government entities and public corporations to defray operating expenses such as the compensation of its members, personnel expenses, professional and advisory services, as well as insurance and other services to be provided by, to, or on behalf of the Board. This appropriation shall be considered a monthly recurring appropriation for the Secretary of the Treasury to make the transfer. Provided That, the first transfer shall be made on or within ten (10) days after the Board selects its Chairperson. The Board shall submit to the Office of Management and Budget an operating budget that includes the expenses for the remaining months of fiscal year 2015-2016, during which it shall be operating. After submitting the operating budget, the Secretary of the Treasury and the Director of the Office of Management and Budget are hereby authorized to identify the sources of funds needed to cover said budget. Beginning in Fiscal Year 2016-2017, and while the Board continues operating in accordance with the provisions of this chapter, the Board shall submit, as part of the budget evaluation process, directly to the Legislative Assembly, a request for the funds needed to carry out its duties. Said request shall be evaluated and be part of the Budget approved by the Legislative Assembly.
(b) Report.— The Board shall file with the Legislative Assembly and the OMB within the first ninety (90) days of each fiscal year, a report including expenses incurred during the preceding fiscal year as well as the estimated expenses of the Board including, but not limited to, the compensation of its members, personnel expenses, professional and advisory services, as well as insurance and other services to be provided by, to, or on behalf of the Board.
(c) Surplus.— In the event that the amounts transferred to the Board in any fiscal year under subsections (a) or (b) of this section exceed the expenses incurred by the Board during such fiscal year, the Board shall transfer such excess to the Secretary of the Treasury to be deposited in the General Fund.
History —Dec. 8, 2015, No. 208, § 207.